The People’s Committee of the northern mountainous province of Yen Bai organised a conference in the Republic of Korea on January 6 to introduce its development potentials and investment opportunities.
Chairwoman of the provincial People’s Committee Pham Thi Thanh Tra is introducing the province's investment oppotunities to investor. (Illustrative image) (Source: baoyenbai.com.vn)
Seoul (VNA) – The People’s Committee of the northern mountainous province of Yen Bai organiseda conference in Seoul, the Republic of Korea (RoK), on January 6 to introduceits development potentials and investment opportunities.
The event wasattended by Pham Thi Thanh Tra, Secretary of the province Party Committee andChairwoman of the provincial People’s Committee, Vietnamese Ambassador to theRoK Pham Huu Chi and representatives from relevant sectors and around 150 RoKbusinesses.
Addressing theevent, Tra praised RoK enterprises’ contributions to Yen Bai’s socio-economicdevelopment as well as the relationship between the two nations.
She pledged thatthe local authorities will create optimal conditions for foreign investors,including those from the RoK, to do business in the province.
Yen Bai has acrucial political and economic geographical location in the north of Vietnamwith advantageous traffic networks, including land, waterway and railway routes,Tra said.
The provincealso has huge potentials for the development of processing, trade and agro-forestry-mineralexports, renewable energy and tourism.
Havingunderlined human resources as Yen Bai’s most important potential, the officialadded that the province has continuously created a favourable and safeinvestment environment, offered incentives for investors and ensured humanresources for businesses.
Meanwhile, AmbassadorChi highlighted the event as one of the first investment promotion activities ofa Vietnamese locality in the RoK in 2017, marking the upcoming 25th anniversary of diplomatic ties between the two nations.
He also spokehighly of the efforts made by Yen Bai authorities to lure foreign investments,particularly from the RoK on the basic of mutual benefits.
Within theframework of the conference, the Yen Bai People’s Committee and Solkiss Companyof the RoK signed a memorandum of understanding to build a renewable energyplant in the province.-VNA
Work on an economic complex worth 1.25 trillion VND (56.05 million USD) started in Mu Cang Chai district, the northern mountainous province of Yen Bai on October 3.
A delegation from the Japan International Cooperation Agency (JICA) had a working session with Yen Bai authorities on November 18 on the pace of a pilot rural development programme launched since May.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Chairwoman of the provincial People’s Committee Pham Thi Thanh Tra is introducing the province's investment oppotunities to investor. (Illustrative image) (Source: baoyenbai.com.vn) 
